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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Victor Lazlo who wrote (54526)8/15/2001 7:41:37 PM
From: craig crawford  Read Replies (1) | Respond to of 77400
 
>> Silver's just going to keep going down. fundamentals are horrible. <<

ok, so what would you recommend instead? a short position in silver? long anything?



To: Victor Lazlo who wrote (54526)8/16/2001 9:30:05 AM
From: bambs  Read Replies (1) | Respond to of 77400
 
you must be still holding csco....

sorry to hear that..

i don't recall reading that buffett sold out of his silver position...It's my understanding that holding metals as a small percentage of your portfolio is simple a hedge against currency troubles...it's like insurance against idiots like greenscam.

you buy insurance for your home, do you not get your moneys worth if it does burn down?

bambs